TD&A Commercial Real Estate and Alex Cooper Auctioneers to offer PantherPlex, an income-producing 54-acre campus in Hampstead, Maryland
HAMPSTEAD, Md. – TD&A Commercial Real Estate and Alex Cooper Auctioneers today announced the online auction of PantherPlex, the 260,000-square-foot former North Carroll High School located on 54 acres at 1400 Panther Drive in Hampstead, Carroll County, Maryland 21074. Bidding will take place on the Alex Cooper auction platform at www.AlexCooper.com beginning at 12:00 p.m. Eastern Daylight Time on Wednesday, October 7, 2026. Interested parties must register in advance to bid.
Since closing to the public in 2016, the school has been repositioned as a multi-tenant community hub and events facility. Current occupants include Christiana Home School, the Boys & Girls Club of Carroll County, the Carroll County Sheriff’s Office and a seasonal Halloween attraction. The property also generates significant revenue from on-site solar and battery storage facilities, and its theatre, dance competition, and athletic venues are leased on a per-event basis and remain in high demand, booked through mid-2027.
Property highlights
• 260,000± square feet of building area on 54± acres, with excess land offering development potential
• 800±-seat theatre, multiple gymnasiums, outdoor football stadium, track and baseball field
• Existing tenants and event bookings that produce income from day one
• Solar and battery-farm installations providing an additional revenue stream
• Recent capital improvements including an entirely new roof, rooftop chiller, updated lighting and fire-safety systems, a modernized elevator, and water and sewer upgrades
The property is anchored by a strong, committed base of long-term tenants whose continued investment and energy have transformed the former school into a vibrant, sustainable community hub. The property is well suited to a school, athletic organization, religious institution or investor seeking a large, versatile facility at a fraction of its replacement cost.
“This is an excellent opportunity for a buyer to expand and improve upon the excellent work the current owners have done, while acquiring a building at a fraction of its replacement cost,” said Gary Olschansky of TD&A Commercial Real Estate, who is handling the sale with Matthew Cooper of Alex Cooper Auctioneers.
About Hampstead and Carroll County
Incorporated in 1888, Hampstead is a growing town of roughly 6,200 residents in northeastern Carroll County, about 30 miles northwest of downtown Baltimore and 10 miles east of Westminster, the county seat. The property sits directly on the Route 30 corridor, which links Reisterstown and Interstate 795 with Hanover, Pennsylvania. Completion of the Hampstead Bypass gave the area fast, uncongested regional access, and Hampstead-Mexico Road (Route 482) provides a direct connection west to Manchester and Westminster.
Carroll County is one of the most affluent and stable counties in the Baltimore metropolitan area. Its population of roughly 177,000 enjoys a median household income of approximately $118,000, an owner-occupied housing rate of more than 84 percent, and a bachelor’s-degree attainment rate above 40 percent. Median home values exceed $430,000. The county combines a highly educated, family-oriented population with a lower cost of doing business than neighboring Baltimore and Howard counties, and its location on the Maryland–Pennsylvania line puts the York and Hanover markets within easy reach. A large, well-appointed facility of PantherPlex’s scale is rarely available in this submarket.
Auction details
Property: PantherPlex (former North Carroll High School), 1400 Panther Drive, Hampstead, MD 21074
Format: Online only, Alex Cooper auction platform
Bidding opens: Wednesday, October 7, 2026 at 12:00 p.m. EDT
Registration: Advance registration is required for all bidders at www.AlexCooper.com
Information and property tours: Gary Olschansky, TD&A Commercial Real Estate, 443-465-6594 / golschansky@TroutDaniel.com; Matthew Cooper, Alex Cooper Auctioneers, 410-977-4711 / Matt@AlexCooper.com
About TD&A
Trout Daniel & Associates is a full-service commercial real estate brokerage serving businesses throughout the Mid-Atlantic and beyond. The firm takes a highly collaborative approach to providing a full range of commercial real estate services, including brokerage, development, consulting and management to the retail, office, industrial, multi-family and investment market segments.
About Alex Cooper Auctioneers
Alex Cooper Auctioneers is a leading Mid-Atlantic real estate auction firm, providing accelerated sales solutions for residential, commercial, investment, and institutional properties. With more than a century of auction experience, Alex Cooper combines extensive market reach, innovative technology, and proven expertise to deliver competitive results for property owners, fiduciaries, financial institutions, and real estate professionals.